Looking For Prop

JAG940 · Sep 29, 2003

eX-CBOT member/floor/screen trader looking for prop firm outside of chicago or NY.

Boca Raton sounds appealing.

Anyone care to share actual experiences with firms down there?

Would prefer Prop but could trade own capital.

Jason G

c_verm · Oct 13, 2003

If I were you I would trade my own capital. 100% cut of the profits!! you cant beat that.

Its nice to trade props capital but you only make a small protion of that.

VOLUME · Oct 13, 2003

You can trade prop and get a 100% payout.

c_verm · Oct 13, 2003

What prop shop gives you 100% of all the profits??
How would they make money then?

burnin · Oct 13, 2003

what pit were you in?
are you licensed?
how long before CBOT closes floor?

EMini-Player · Oct 13, 2003

Quote from c_verm:

What prop shop gives you 100% of all the profits??
How would they make money then?

From what I know; they make money on commiss.

-Fast

VOLUME · Oct 13, 2003

The only time you should ever split profits is if you have no money up. If you can fund a prop account ($25,000), then you should NEVER accept less than a 100% payout.

Do your homework and get the best deal (this doesn't just mean rates...it means software, news, benefits, etc) .

Volume

c_verm · Oct 13, 2003

I C, I wanst sure how they worked

gimp570 · Oct 13, 2003

Quote from JAG940:

eX-CBOT member/floor/screen trader looking for prop firm outside of chicago or NY.

Boca Raton sounds appealing.

Anyone care to share actual experiences with firms down there?

Would prefer Prop but could trade own capital.

Jason G

I would read threw the different threads about prop. firms...then contact all of them. Get a good idea about what they are all about. Then go with whom ever you feel the most comfortable. The are very good deals out there. Good luck

M